Charting the Future: Data Privacy, Technology, and Compliance in Real Estate In an era where data and technology are revolutionizing nearly every facet of our lives, the real estate sector is not exempt from this transformative wave. Primerio Kenya partners, FMC Advocates LLP, recent held a collaborative webinar with the Kenya Property Developers Association (KPDA) … Continue reading Kenyan attorney team present panel on data privacy & avoiding fraud in real estate deals
Kenya: The Pandemic Response and Management Bill (2020)
By Fidel Mwaki PROPOSED PROTECTIVE MEASURES FOR LOANS AND MORTGAGE DEFAULTERS As a result of Covid-19, the Pandemic Response and Management Bill, 2020 was introduced as a Senate Bill in April 2020 to provide a legal framework for a coordinated response and management of activities and temporary measures and relief during a pandemic. One of … Continue reading Kenya: The Pandemic Response and Management Bill (2020)
Amending Kenya’s Business Law: “Electronic Signatures” (2020)
By Fidel Mwaki The recently enacted Business Laws (Amendment) Act, 2020 has made a key change to Kenya’s business laws by amending the Law of Contract Act to provide a legal basis for electronic signatures to be used when executing contracts. Although electronic signatures are not a new phenomenon and have been in use in … Continue reading Amending Kenya’s Business Law: “Electronic Signatures” (2020)
“Just a math issue”: Anti-Corruption Efforts in Kenya take Center-Stage for Obama
Anti-Corruption Efforts will Require some "Visible Prosecutions" President Obama opined that it was "absolutely the right thing to do for President Kenyatta [to] emphasize" the Kenyan government's stepped-up anti-corruption efforts. He called public corruption potentially "the biggest impediment to Kenya growing even faster." "Just a math issue" Business efforts being "constantly sapped" was a real … Continue reading “Just a math issue”: Anti-Corruption Efforts in Kenya take Center-Stage for Obama
Increased anti-corruption enforcement across Africa?
Chimera or Reality -- Is Africa stepping up its anti-graft game? If one is to believe the media attention that has been bestowed upon anti-corruption enforcement by various African jurisdictions, there has been an uptick in successful anti-graft campaigns across the continent. Or is there...? Has Africa truly embraced the prosecution of well-to-do businessmen and … Continue reading Increased anti-corruption enforcement across Africa?
“Tender-preneurs” holding back tech investment in Africa
Will technological tender process end the reign of "tender-preneurs"? Biztech Africa's Tom Jackson reports from Connected East Africa conference in Diani, Kenya, that former Kenyan permanent ministry secretary Dr Bitange Ndemo has given a speech on how corruption is holding back technological investment in the country. The paper reports that development as a tech hub … Continue reading “Tender-preneurs” holding back tech investment in Africa
Kenya suspends 16 officials for corrupt acts, including 4 ministers
As the BBC reports, Kenyan President Uhuru Kenyatta has suspended four members of his cabinet in addition to 12 other government officials due to their being implicated in allegations of corrupt acts. The primarily affected ministries were transport, energy, labour and agriculture. (UPDATE: A fifth minister vacated her post on Sunday, three days after the original action by … Continue reading Kenya suspends 16 officials for corrupt acts, including 4 ministers
Halliburton to Goodyear: FCPA risks and due diligence in foreign acquisitions
Averting their eyes from Africa: Goodyear's $16m Kenya/Angola settlement highlights risk of insufficient due diligence Andreas Stargard. "Foreign acquirers must understand and -- likely -- challenge the status quo of their new African subsidiaries" When acquiring an African company, nothing is "business as usual." Neither pre- nor post-acquisition can foreign parent corporations simply avert their … Continue reading Halliburton to Goodyear: FCPA risks and due diligence in foreign acquisitions
Perceived Corruption Hampers Asian Investment in Kenya
Chinese Investors See East African Corruption As Hurdle to further Investments Welcome to 2015, AAF readers. Our editors and staff are looking forward to a great New Year of providing you with news and insights into anti-corruption and fraud-prevention on the African continent. Our first story of the year hails from East Africa, when … Continue reading Perceived Corruption Hampers Asian Investment in Kenya
FCPA investigation hits FedEx in Kenya
Kenya and FedEx: Possible breach of FCPA anti-bribery provision According to Wall Street Journal and Law360 reports, two powerhouses (one country, one company) are involved in a recent self-reported FCPA violation: FedEx Corporation has reported possible infractions of the foreign anti-bribery law in Kenya to the United States Department of Justice. According to the … Continue reading FCPA investigation hits FedEx in Kenya
Anti-Fraud & Corruption Law in Africa 